Plan B in your pocket,, tenant might not be able either to move out early.. you can ask but be prepared to offer more than just the prorated rent for a few days...and to have a moving truck for a few extra days yourself. 

His philosophy is if wages are stagnant, then there won't be any raised rents and therefore, there won't be any merchant builders adding new product to the area.

In this case, economic value will probably be around $1 150 000 which means they will finance 75% of this amount and you will have to cover the difference meaning you'll have to give an extra 130k in cash down (320k + 130k = 450K).

That way the tenant doesn't get reduced rent on you for a long time and then starts making great sales again and banking all the extra profit.

like me, alot of investors, especially out of the area investors/ rebab/flipers, want to structure something above and beyond paying a contractor for his estimated repairs, (or to an agent for being a project manager for the completion of the rehab above basic selling commission for relisting)  but something to incentivize the deal, like a part commission above and beyond a certain net; offer this to an agent or GC to put extra attention to the deal to completion...you can call this anything you want, a team member, a sweat equity partner..it doesn't matter..but I certainly want to offer a "part" of a deal above and beyond...and repeat with that person...it is a good feeling...and Im out of the area, and if any action is to be taken, I will be semi dependant on somebody to care above and beyond the norm... - from zero experienced flipping guy, matt..

Morning,I purchased a property to flip and have to pulled permits for general rehab electrical, stucco, framing, plumbing and I am adding on another bedroom.In order to get the project moving I used owner / builder to pull permits.  

I still the ad on Craislist, which I assume is the same seller. 

Getting your real estate license can certainly be worth it, you can get access to your local MLS, and perhaps you can earn some extra income being an agent. 

I'm typing up my first lease agreement and adding in a few amendments I've heard on bigger podcast to a standard lease I got from a mentor.

Apt complexes run rent specials,, no application fee's, free months rent.. so watch ad's outside banners and websites are easy everything is so well done now days,, complete video tours..